Modern Times Group MTG AB
STO:MTG B

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Modern Times Group MTG AB Logo
Modern Times Group MTG AB
STO:MTG B
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Price: 113 SEK 0.89% Market Closed
Market Cap: 13.8B SEK
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Relative Value

The Relative Value of one MTG B stock under the Base Case scenario is 158.62 SEK. Compared to the current market price of 113 SEK, Modern Times Group MTG AB is Undervalued by 29%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MTG B Relative Value
Base Case
158.62 SEK
Undervaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.9
P/S
P/S
Price to Sales
1.9
vs History
33
vs Industry
31
Median 3Y
1.6
Median 5Y
1.6
Industry
1.5
Forward
1.1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
4
Median 3Y
1.4
Median 5Y
-9.3
Industry
18.3
Forward
7.4
More Details
10.9
P/OCF
P/OCF
Price to OCF
10.9
vs History
52
vs Industry
32
Median 3Y
9
Median 5Y
11.2
Industry
11.2
More Details
2.3
P/FCFE
P/FCFE
Price to FCFE
2.3
vs History
55
vs Industry
30
Median 3Y
8
Median 5Y
2.9
Industry
15.7
More Details
1.1
P/B
P/B
Price to Book Value
1.1
vs History
15
vs Industry
55
Median 3Y
0.7
Median 5Y
0.8
Industry
1.8
More Details
2.3
EV/S
EV/S
Enterprise Value to Sales
2.3
vs History
12
vs Industry
36
Median 3Y
1.2
Median 5Y
1.3
Industry
1.6
Forward
1.3
More Details
3.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.2
vs History
17
vs Industry
46
Median 3Y
1.7
Median 5Y
1.8
Industry
3.5
More Details
17.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
17.1
vs History
17
vs Industry
22
Median 3Y
7.3
Median 5Y
7.6
Industry
9
Forward
5.6
More Details
17.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
17.1
vs History
25
vs Industry
26
Median 3Y
8.3
Median 5Y
8.9
Industry
12.7
Forward
8
More Details
13.3
EV/OCF
EV/OCF
Enterprise Value to OCF
13.3
vs History
46
vs Industry
36
Median 3Y
6.4
Median 5Y
8.9
Industry
10.8
More Details
14.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
14.7
vs History
22
vs Industry
34
Median 3Y
7.3
Median 5Y
7
Industry
13.3
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
3
vs Industry
57
Median 3Y
0.5
Median 5Y
0.5
Industry
1.5
More Details

Multiples Across Competitors

MTG B Competitors Multiples
Modern Times Group MTG AB Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Modern Times Group MTG AB
STO:MTG B
13.3B SEK 1.9 -116.5 17.1 17.1
JP
Nintendo Co Ltd
TSE:7974
14.8T JPY 12.7 52.9 42.6 44.9
SG
Sea Ltd
NYSE:SE
90.7B USD 5.1 104.1 61.5 84.4
CN
NetEase Inc
NASDAQ:NTES
83.9B USD 5.6 18.6 13.6 14.6
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
US
Roblox Corp
NYSE:RBLX
69.8B USD 18.2 -79.4 -86.3 -67
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
42.8B USD 7.6 -9.6 65.4 -90.4
US
Electronic Arts Inc
NASDAQ:EA
38.8B USD 5.2 34.6 19.7 24.1
JP
Konami Holdings Corp
TSE:9766
3T JPY 7.1 40.1 21 26.9
JP
Nexon Co Ltd
TSE:3659
2.3T JPY 5.1 18.4 11.6 12.5
JP
Capcom Co Ltd
TSE:9697
2T JPY 11.7 41 26 27.8
P/E Multiple
Earnings Growth PEG
SE
Modern Times Group MTG AB
STO:MTG B
Average P/E: 43
Negative Multiple: -116.5 		N/A N/A
JP
Nintendo Co Ltd
TSE:7974
52.9
N/A N/A
SG
Sea Ltd
NYSE:SE
104.1
98%
1.1
CN
NetEase Inc
NASDAQ:NTES
18.6
16%
1.2
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -79.4 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -9.6 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
34.6
32%
1.1
JP
Konami Holdings Corp
TSE:9766
40.1
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
18.4
-4%
N/A
JP
Capcom Co Ltd
TSE:9697
41
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
Modern Times Group MTG AB
STO:MTG B
Average EV/EBITDA: 30.3
17.1
31%
0.6
JP
Nintendo Co Ltd
TSE:7974
42.6
34%
1.3
SG
Sea Ltd
NYSE:SE
61.5
77%
0.8
CN
NetEase Inc
NASDAQ:NTES
13.6
14%
1
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -86.3 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
65.4
56%
1.2
US
Electronic Arts Inc
NASDAQ:EA
19.7
19%
1
JP
Konami Holdings Corp
TSE:9766
21
13%
1.6
JP
N
Nexon Co Ltd
TSE:3659
11.6
1%
11.6
JP
Capcom Co Ltd
TSE:9697
26
13%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
Modern Times Group MTG AB
STO:MTG B
Average EV/EBIT: 31.2
17.1
41%
0.4
JP
Nintendo Co Ltd
TSE:7974
44.9
N/A N/A
SG
Sea Ltd
NYSE:SE
84.4
92%
0.9
CN
NetEase Inc
NASDAQ:NTES
14.6
16%
0.9
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -67 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -90.4 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
24.1
23%
1
JP
Konami Holdings Corp
TSE:9766
26.9
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
12.5
N/A N/A
JP
Capcom Co Ltd
TSE:9697
27.8
N/A N/A

See Also

Summary
MTG B intrinsic value, competitors valuation, and company profile.
DCF Valuation
MTG B stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MTG B stock valuation using valuation multiples.
Wall Street Estimates
MTG B price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MTG B stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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